Lokesh Machines Limited , a Hyderabad-based manufacturing company, has taken a significant step towards removing itself from the U.S. sanctions list. The company recently filed documents with the Office of Foreign Assets Control (OFAC), U.S. Department of the Treasury, seeking expedited removal from the list of Specially Designated Nationals and Blocked Persons.

Key Developments

• Lokesh Machines has submitted necessary documents and information through its U.S.-based lawyers to OFAC.
• The filing is in response to a questionnaire from OFAC for expedited removal/reconsideration of the company's designation.
• This action follows the company's previous communication to stock exchanges on September 27, 2025, regarding the sanctions issue.

Company's Stance

Lokesh Machines has assured its shareholders that it is taking all necessary steps to have its name removed from the OFAC Sanctions list. The company views this filing as a major step towards achieving this goal.

Transparency and Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Lokesh Machines has promptly informed the stock exchanges about this development. The company has committed to providing ongoing updates to the exchanges and shareholders regarding future developments in this matter.

About Lokesh Machines Limited

Lokesh Machines Limited is a manufacturing company headquartered in Hyderabad, Telangana. The company operates multiple units across Balanagar, Bonthapally, Medchal, Toopran, and Ranjangaon-Pune.

The outcome of this filing and its potential impact on Lokesh Machines' operations and market standing remains to be seen. Investors and stakeholders are advised to keep a close watch on further announcements from the company regarding this matter.

Lokesh Machines Limited, a prominent player in the Indian manufacturing sector, has announced a significant new order that could boost its revenue stream. The company has secured a contract worth Rs 7.84 crore from Sundaram-Clayton Limited, a leading auto components manufacturer.

Order Details

Key Points

1. Strategic Partnership: This order underscores Lokesh Machines' capability in producing specialized machinery for the automotive sector, potentially strengthening its position in the industry.

2. Execution Timeline: The company has a clear timeline to fulfill the order, with the execution deadline set for the end of January 2026 from the effective date of the contract.

3. Financial Implications: While the order value of Rs 7.84 crore may not be substantial in isolation, it contributes to the company's order book and could positively impact its revenue in the coming quarters.

4. Transparency: Lokesh Machines has confirmed that the transaction does not fall under related party transactions, and neither the promoters nor the promoter group have any interest in Sundaram-Clayton Limited.

Market Implications

This order comes at a time when the Indian manufacturing sector is showing signs of recovery. For Lokesh Machines, securing orders from established players like Sundaram-Clayton Limited could potentially lead to more business opportunities in the future.

The company's ability to provide specialized machinery such as Line Boring Machines and Gauging Systems demonstrates its technical capabilities and could be a differentiating factor in a competitive market.

Investors and market watchers will likely keep a close eye on how this order impacts Lokesh Machines' financial performance in the upcoming quarters, particularly in terms of revenue growth and order book status.

As the manufacturing sector continues to evolve, companies like Lokesh Machines that can provide specialized solutions may find themselves well-positioned to capitalize on the growing demand for advanced machinery in India's industrial landscape.